Banking

2013

 

2013 Resolution Conference

Bank column

Fri., October 18, 2013

The Mayflower Renaissance Hotel, Colonial Room, Washington, D.C.

Directions

Overview

The conference, sponsored by the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of Richmond, will focus on the development of sound plans for orderly resolution under the Bankruptcy Code; comparisons to resolution under Title II of the Dodd-Frank Act; considerations for addressing a few of the most significant obstacles to a cross-border resolution under current law; and the intersection of recovery and resolution planning along with the implications for ongoing supervision. We are very pleased that Governor Daniel Tarullo will be the keynote speaker.

 

Audience

The conference will gather leading legal, government, academic and industry experts to discuss approaches to these issues.

Media is invited to this event

 

Agenda

7:15–8:00 a.m.

REGISTRATION/BREAKFAST

8:00–8:10 a.m.

INTRODUCTORY REMARKS: TOWARD ORDERLY RESOLUTION
Jeffrey Lacker, President, Federal Reserve Bank of Richmond

KEY OBSTACLES TO RESOLUTION – WHAT SHOULD BE DONE AND WHO SHOULD DO IT?

8:10–9:10 a.m.

WHAT HAVE WE LEARNED FROM LEHMAN?
Moderator – Jeffrey Lacker, Federal Reserve Bank of Richmond

Harvey R. Miller, Weil, Gotshal & Manges, LLP
Arthur J. Murton, Federal Deposit Insurance Corporation
Judge James M. Peck, United States Bankruptcy Court for the Southern District of New York
Emily Warren, Hoover Institution/Stanford University

9:10–10:40 a.m.

ORDERLY G-SIB RESOLUTION UNDER THE BANKRUPTCY CODE – PRACTICALITIES AND A PROSPECTIVE VIEW
Moderator – Randall D. Guynn, Davis Polk & Wardwell LLP

Simon Gleeson, Clifford Chance LLP
Michael H. Krimminger, Cleary Gottlieb Steen & Hamilton LLP
Richard Levin, Cravath, Swaine & Moore LLP
William F. Kroener III, Sullivan & Cromwell LLP
Jim Millstein, Millstein & Co.

10:40–11:00 a.m. BREAK
KEY OBSTACLES TO RESOLUTION – A FOCUS ON SPECIFIC CHALLENGES
11:00 a.m.–12:30 p.m.

FINANCIAL CONTRACT CHALLENGES
Moderator – Seth Grosshandler, Cleary Gottlieb Steen & Hamilton LLP

Lauren Anderson, Bank of England
Donald S. Bernstein, Davis Polk & Wardwell LLP
Wilson Ervin, Credit Suisse
Tracey Jordal, PIMCO

12:30–2:00 p.m. LUNCHEON & KEYNOTE ADDRESS – PROMENADE BALLROOM
TOWARD BUILDING A MORE EFFECTIVE RESOLUTION REGIME: PROGRESS AND CHALLENGES

Speaker – Governor Daniel K. Tarullo, Board of Governors of the Federal Reserve System
2:00–3:25 p.m.

INTERCONNECTIVITY – ECONOMIES OF SCALE VS. RISK TRANSMISSION MECHANISMS
Moderator – Gregory Baer, JPMorgan Chase & Co.

Joseph Fazio, Bank of New York Mellon
Michael S. Helfer, Citigroup Inc.
Patrick M. Parkinson, Promontory Financial Group, LLC
Douglas J. Elliott, The Brookings Institution

2:00–3:25 p.m. BREAK
3:40–4:00 p.m. TITLE II RESOLUTION, A USEFUL TOOL BUT NOT A PANACEA
William C. Dudley, President, Federal Reserve Bank of New York
4:00–5:30 p.m.

DOES BEING MORE RESOLVABLE MAKE A FIRM MORE RESILIENT?
Moderator – Thomas F. Huertas, Ernst & Young

John C. Dugan, Covington & Burling LLP
Michael Foley, Moody’s
Chris M. Jones, Bank of America
Steven H. Strongin, Goldman Sachs

5:30 p.m. ADJOURN

 

Resources/Presentations

Summary of Panels

 

Registration

Deadline: October 18, 2013

Registration has closed. Thank you for your interest.

Contact Us

Richmond

Patricia E. Wescott
(804) 697-8983